Credit Suisse Maintains Neutral on Fortune Brands Home, Lowers Price Target to $55
$FBHS
Credit Suisse analyst Dan Oppenheim maintains Fortune Brands Home (NYSE:FBHS) with a Neutral and lowers the price target from $57 to $55.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/14/2022 | $90.00 → $62.00 | Outperform → Neutral | Credit Suisse |
| 8/18/2022 | $100.00 | Buy | Deutsche Bank |
| 4/29/2022 | Sector Weight → Overweight | KeyBanc Capital Markets | |
| 4/29/2022 | $74.00 → $84.00 | Underperform → Neutral | BofA Securities |
| 4/11/2022 | $118.00 → $74.00 | Buy → Underperform | BofA Securities |
| 4/5/2022 | $90.00 | Outperform | Credit Suisse |
| 3/23/2022 | $120.00 → $91.00 | Buy → Hold | Loop Capital |
| 3/21/2022 | $120.00 → $95.00 | Buy → Hold | Jefferies |
S&P MidCap 400 constituent First Solar Inc. (NASD: FSLR) will replace Fortune Brands Home & Security Inc. (NYSE:FBHS) in the S&P 500, Fortune Brands Innovations Inc. (NYSE:FBIN) will replace First Solar in the S&P MidCap 400, and MasterBrand Inc. (NYSE:MBC) will replace Conn’s Inc. (NASD: CONN) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, December 19. Fortune Brands Home & Security is spinning off MasterBrand in a transaction expected to be completed December 15. Post spin-off, Fortune Brands Home & Security will have a name and symbol change to Fortune Brands Innovations Inc. (NYSE:FBIN) and will be more representative of the midcap market space. Conn’s is no
Over the past 3 months, 6 analysts have published their opinion on Fortune Brands Home (NYSE:FBHS) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 2 0 0 Last 30D 0 1 1 0 0 1M Ago 0 0 0 0 0 2M Ago 2 1 1 0 0 3M Ago 0 0 0 0 0 These 6 analysts have an average price target of $73.83 versus the current price of Fortune Brands Home at $60.66, implying upside. Below is a summary of how these 6 analysts rated Fortune Brands Home over the past 3 months. The greater the nu
BMO Capital analyst Ketan Mamtora maintains Fortune Brands Home (NYSE:FBHS) with a Outperform and lowers the price target from $85 to $82.
Credit Suisse downgraded Fortune Brands Home & Security from Outperform to Neutral and set a new price target of $62.00 from $90.00 previously
Deutsche Bank initiated coverage of Fortune Brands Home & Security with a rating of Buy and set a new price target of $100.00
KeyBanc Capital Markets upgraded Fortune Brands Home & Security from Sector Weight to Overweight
Fortune Brands Home & Security, Inc. (NYSE:FBHS) announced that on December 12, 2022, its Board of Directors declared a quarterly cash dividend for Fortune Brands Innovations, Inc. (NYSE:FBIN) of $0.23 per common share. The Fortune Brands Innovations dividend is payable on March 15, 2023, to Fortune Brands Innovations stockholders of record as of the close of business on February 24, 2023. As previously announced, the Company is changing its name to Fortune Brands Innovations, Inc. and its ticker symbol to FBIN, effective December 15, 2022. The new name better reflects the Company's evolution as a business focused on driving accelerated growth in its categories through brand and innovation
Business and Operations Highlights: 3Q 2022 sales of $2.1 billion, an increase of 3 percent versus a year ago 3Q 2022 earnings per share (EPS) of $1.57, an increase of 8 percent versus a year ago; EPS before charges / gains of $1.79, an increase of 20 percent versus a year ago Full-year guidance updated to reflect a softening market environment Separation into two world-class companies progressing well ahead of schedule Fortune Brands Home & Security, Inc. (NYSE:FBHS, the "Company", or "Fortune Brands"))), an industry-leading home and security products company, today announced third quarter 2022 results. "Our team delivered impressive third quarter results, including 20 percent E
Fortune Brands Home & Security, Inc. (NYSE:FBHS), an industry-leading home and security products company, will release third quarter 2022 financial results after the market close on Wednesday, October 26, 2022. At 4:30 p.m. ET, Chief Executive Officer Nicholas Fink, Chief Financial Officer Patrick Hallinan, Senior Vice President of Finance and Investor Relations David Barry, and President of MasterBrand Dave Banyard, will host a conference call to discuss third quarter 2022 results. A live internet audio webcast of the conference call will be available on the Fortune Brands website at http://ir.fbhs.com/events.cfm. It is recommended that listeners log-on at least 10 minutes prior to the st
4 - Fortune Brands Innovations, Inc. (0001519751) (Issuer)
4 - Fortune Brands Innovations, Inc. (0001519751) (Issuer)
4 - Fortune Brands Innovations, Inc. (0001519751) (Issuer)
IRVINE, Calif., Jan. 11, 2022 /PRNewswire/ -- The House of Rohl®, a portfolio of luxury decorative plumbing brands comprised of ROHL®, Riobel®, Perrin & Rowe®, Shaws® and Victoria + Albert®, today announced that Chair and Founder Louis Rohl is retiring effective Feb. 28, 2022, following nearly 40 years of service to the kitchen and bath industry. Lou began his longstanding career working with his father, Ken Rohl, after the inception of the ROHL brand in 1983. While there, Lou was dedicated to helping curate design-forward kitchen and bath collections that propelled ROHL to
DEERFIELD, Ill.--(BUSINESS WIRE)--Fortune Brands Home & Security, Inc. (NYSE: FBHS, the “Company”, or “Fortune Brands”), an industry-leading home and security products company, today announced that the Board of Directors appointed Susan Saltzbart Kilsby as non-executive chair, effective January 1, 2021. Ms. Kilsby, an independent director, has served on Fortune Brands’ Board since 2015, and is currently a member of the Nominating, Environmental, Social and Governance committee and the Compensation committee. Ms. Kilsby had a distinguished career in investment banking, mergers and acquisitions and international business prior to her retirement in 2014, holding a variety of senior
Fortune Brands Water Innovations to gain advanced trade promotion and pricing optimization capabilities with integration of the Enterra Revenue Growth Intelligence System™ Enterra Solutions, the leader in autonomous value-chain optimization and decision-making solutions, and Fortune Brands Water Innovations ("Fortune Brands"), a business segment within the industry-leading home and security company Fortune Brands Home & Security, Inc. (NYSE:FBHS), have announced their partnership under a multi-year Solution-as-a-Service contract. Fortune Brands will deploy the Enterra Revenue Growth Intelligence System™ (ERGIS™) to evolve its trade promotion planning process as well as optimize its pricing
Fortune Brands Home & Security, Inc. (NYSE:FBHS) announced that on December 12, 2022, its Board of Directors declared a quarterly cash dividend for Fortune Brands Innovations, Inc. (NYSE:FBIN) of $0.23 per common share. The Fortune Brands Innovations dividend is payable on March 15, 2023, to Fortune Brands Innovations stockholders of record as of the close of business on February 24, 2023. As previously announced, the Company is changing its name to Fortune Brands Innovations, Inc. and its ticker symbol to FBIN, effective December 15, 2022. The new name better reflects the Company's evolution as a business focused on driving accelerated growth in its categories through brand and innovation
NEW YORK, Dec. 12, 2022 /PRNewswire/ -- S&P MidCap 400 constituent First Solar Inc. (NASD: FSLR) will replace Fortune Brands Home & Security Inc. (NYSE:FBHS) in the S&P 500, Fortune Brands Innovations Inc. (NYSE:FBIN) will replace First Solar in the S&P MidCap 400, and MasterBrand Inc. (NYSE:MBC) will replace Conn's Inc. (NASD: CONN) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, December 19. Fortune Brands Home & Security is spinning off MasterBrand in a transaction expected to be completed December 15. Post spin-off, Fortune Brands Home & Security will have a name and symbol change to Fortune Brands Innovations Inc. (NYSE:FBIN) and will be more representative
8-K - Fortune Brands Innovations, Inc. (0001519751) (Filer)
8-K - Fortune Brands Innovations, Inc. (0001519751) (Filer)
8-K - Fortune Brands Innovations, Inc. (0001519751) (Filer)
SC 13G/A - Fortune Brands Innovations, Inc. (0001519751) (Subject)
SC 13G/A - Fortune Brands Innovations, Inc. (0001519751) (Subject)
SC 13G/A - Fortune Brands Innovations, Inc. (0001519751) (Subject)